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0 pointsbsdpython11y ago0 comments

If you think that you realistically would require more than 50% of the equity to make it worth your time then you are better off politely declining and walking away.

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hga11y ago· 2 in thread

Eh, it's the start of a negotiation. It "gets the mule's attention", and if they were thinking of giving you single digits of equity as I gather is not uncommon you've saved yourself time.

It also demands respect. They may not give it to you, but if something actually happens you'll be starting on the right foot, and the author claims this does not turn everyone who approaches him off.

It also gets the big issues right out there: how much is an idea and anything else they're bringing to the table worth vs. how much is the technical effort to make it live.

bsdpythonOP11y ago

My point was that if you feel like your value as a technical person is worth more than the business person who has approached you (>50%) then you shouldn't bother. Between their experience, their idea, their connections, their money, etc. they should at least equal your value or you are in trouble regardless of how the equity breaks down. Negotiations are a different topic.

dmichulke11y ago

The negotiation only started when one party said "no".

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